>> i think a lot of americans do know that. >> why doesn't nancy pelosi? >> look, i think there's obviously intransigence on both sides on this issue. i think that mark's point is right, and i think your point is right also. >> okay, harold ford jr. give us three points why everybody's right and why you live in tennessee and the hamptons. >> and in comparison wean me and harold ford jr., i consider it a great compliment. >> i love harold. for three reasons. >> what i think cantor's doing that's smart here is that there's -- there is actually i think a lot of distance between where the president is and where what the emerging line of democrats in congress is. this is something we'll see over the next four years. there's going to be a divergence of interest between what the president wants. mika talks about the balanced approach. his answer is not let's just raise taxes again. his answer is we need to do tax reform and some spending cuts. democrats are now getting off on this position where they're saying no, there's not a spending problem. you're not hearin